World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Riding a Lower Range

SPREADS July crush trades to 74c/bu while oilshare trades to 44.52%.   The July/Nov bean inverse trades to 1.69c, off the low of 1.66c, and up towards 1.74c.  July/Dec meal inverse is weaker trading down to $8.11 from $10.90, and what was closer to $20.00 week ago.  July/Dec corn inverse trades from 1.21 3/4c high to 1.17 3/4c.  Sep/Dec corn inverse trades down to 26 1/2c from 29 1/4c.  July wheat/corn trades from 20 3/4c to 18c.   PALM OIL August futures down 193 ringgits lower ending at 4,109 ringgit/mt.  Intertek estimated exports for the May 1-20 period at 953,474 tmt which was an increase of 17% vs. mo ago. NEWS The stock market is slightly lower down 29 pts with crude oil breaking to $...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

Update for 1 April 2024: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

Brooke Rollins: New Ag Secretary Pick

During the Presidential campaign, one topic on which Donad Trump was introspective was on his staff and cabinet appointments. He mentioned more than once on the campaign trail that getting the “right people” in jobs was one area in which he would focus the second time around. Typically Trump me...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

Update for 1 April 2024: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

Brooke Rollins: New Ag Secretary Pick

During the Presidential campaign, one topic on which Donad Trump was introspective was on his staff and cabinet appointments. He mentioned more than once on the campaign trail that getting the “right people” in jobs was one area in which he would focus the second time around. Typically Trump me...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

feed-grains

Not an Orphan Crop

Sorghum marketers often characterize their commodity as an ancient grain that is drought tolerant. They deflect comments that it is an orphan crop, grown locally for local consumption. They may agree it is under-utilized. In fact, a slightly higher share (16%) of world sorghum production is exp...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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